MMEX Documentation
  • 👋Welcome to MMEX
  • overview
    • 🌟What is MMEX
    • 💡Our Highlight Features
  • for traders
    • Start Trading
      • Oracles
      • Open/Close Postion
      • Open a Limit Order
      • Swap
      • Fees & Pricing
      • Assets/Pairs
  • for lp
    • Provide Liquidity
      • MMLP
      • How to buy/sell MMLP
      • Risk
  • Referrals
    • Referral Mechanism
  • product mechanism
    • Funding Rate
    • Synthetic Architecture
    • ❓FAQ
    • 🛣️Roadmap
    • 📑Smart Contract Address
    • 🤝Community & Collaboration
    • 🪙Terms and Conditions
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Oracles

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Last updated 5 months ago

MMEX utilizes the decentralized Pyth network, which provides up-to-date token prices data to smart contracts on MOVEMENT Mainnet.

Responsibilities of an oracle

  • Updates, stores, and distributes up-to-date token prices relevant to the system.

  • Disables exchange functionality if prices are not fresh.

  • Provides functionality to perform exchange rate conversions.

More about Pyth:

https://pyth.network/